Is there a way to utilize part of my Traditional IRA funds as a down payment on a SFH investment property without being penalized?

Utility deposits?

Be sure to utilize tools of the trade for the best information.

• Should utilities, internet, or services like snow removal/lawn care be included, or not?

Quote from @Jacob Sherman: you can utilize no income no doc construction loans . fund 50% of the land 100% of construction upto 65% ARV .

For further context, we are trying to have him be the name on the loan because he would be able to utilize his first time home buyer loan to take advantage of the lowered offered interest rate.

It's a game-changer where you can buy a $1,000,000 property with $35,000 down, you can build equity while keeping living costs low.2️⃣ Partnering Up:Real estate is a team sport.

The tenants pay all utilities including sewer and garbage. 

Unless a different one would be better that you could suggest   If you are house hacking you can utilize 3-10% down. 20%+ is great to put down but not always possible.

And what strategy are you looking to utilize of investing?